National Ag News

Chicago Mercantile Exchange live cattle futures were lower on commercial and technical selling, along with the widely mixed midday boxed beef. There was also likely at least a little residual pressure from the week’s steady to modestly lower direct cash business. December was $1.90 lower at $120.57 and February was down $1.77 at $126.75.

Feeder cattle were steady to lower on spread trade and commercial pressure. The exception was the soon to expire November contract, which held at $158.47, and January was down $.67 at $157.17.

Continue reading Cattle futures finish Friday mostly lower at Brownfield Ag News.